Ethics

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Ethics

Standards of conduct or moral judgment.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Ethics

The study and practice of appropriate behavior, regardless of the behavior's legality. Certain industries have professional organizations setting and promoting certain ethical standards. For example, an accountant may be required to refrain from engaging in aggressive accounting, even when a particular type of aggressive accounting is not illegal. Professional organizations may censure or revoke the licenses of those professionals who are found to have violated the ethical standards of their fields.

In investing, ethics helps inform the investment decisions of some individuals and companies. For example, an individual may have a moral objection to smoking and therefore refrain from investing in tobacco companies. Ethics may be both positive and negative in investing; that is, it may inform where an individual makes investments (e.g. in environmentally friendly companies) and where he/she does not (e.g. in arms manufacturers). Some mutual funds and even whole subdivisions are dedicated to promoting ethical investing. See also: Green fund, Islamic finance.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
He emphasized that the major aim and objective of implementation of this code of ethical conduct is to identify un-ethical practice in our trade and to establish guidelines and procedures on fair and ethical business practices applicable to all POEPA members.
Islamabad -- Pakistan Electronic Media Regulatory Authority (PEMRA) has imposed fine of Rs.1lac on Royal TV for using un-ethical language against anchor person (Mubishar Luqman) of private TV channel and due to not availability of effective delaying system in its direct telecast.
ISLAMABAD -- Pakistan Electronic Media Regulatory Authority (PEMRA) and the Pakistan Broadcasters Association (PBA) on Wednesday said that tv channels were advised to immediately stop un-ethical and indecent content, programs and songs being aired.
Islamabad -- Pakistan Electronic Media Regulatory Authority (PEMRA) in its fresh 'Advice' issued to TV channels has asked them to immediately stop rampant un-ethical and indecent content, programs and songs being aired on private TV channels.
Addressing a press conference at Lahore Press Club, the representatives of both associations termed the ban on Herbal and Nutraceutical medicines as illegal, un-ethical and the violation of the human rights.